Ian Pollard: TUI Impacted By Heatwave And Headwinds

TUI AG TUI has seen its first quarter performance so impacted by accountancy adjustments that the figures have become virtually meaningless due to the first-time application of IFRS 15 and of IFRS 9 in the previous year.  The best that that can be said is that  performance has been in line save for markets and airlines which were […]

Ian Pollard: TUI Benefits From Hot European Summer

TUI AG TUI updates that the year to the 30th September will be the fourth consecutive year of double digit growth in underlying EBITA and unlike Thomas Cook it claims to have benefited from the sustained period of hot weather in Northern Europe which produced further growth  The only impact of the hot weather was […]

Ian Pollard – More World Beating Technology From The UK

Oncimmune ONC bears witness to the world leading position which it is carving out for itself in medical technology.  with the half year to the 30th November seeing excellent progress being made  with its cancer detection technology which will detect cancers up to four years earlier than other methods and will do so by means […]

Smaller Companies Show How To Export

TUI AG TUI After a good start to the half year, TUI reiterates its forecast of at least 10% growth in underlying  EBITA for the full year 2016-17.Half year turnover rose by 3.3% or 8.2% on a constant currency basis and customer numbers were up by 3%. Victrex VCT delivered a strong first half performance […]

Big News from Sainsbury- Broccoli & Onion Prices Permanently Reduced

Sainsbury J. SBRY has had to admit that during its second quarter to the 24th September, it has, because of price deflation, had to sell more to earn less. Despite like for like transaction and volume growth, like for like retail sales were down by 1.1% and total retail sales by 0.4%. As for the […]

TUI In Line For 2016 Gringlish and Jargonish Prize

TUI AG (TUI) appears to have ignored the basic principle that its financial reports should be written in a language which is understandable by a good number of its shareholders. At least the tables are clear in the third quarter interim report which shows turnover down by 5.7%, net profit up by 116.4% and like […]

National Express Beats The Germans For Punctuality

National Express NEX With an 11% rise in revenue during the first four months of the year, taking into account acquisitions and the start of German rail operations in December, National Express has enjoyed a strong start to 2016. Passenger numbers have grown and revenue has increased across all divisions. In Spain passenger numbers have […]